Victoria housing affordability: Less than a fifth of Victorian homes are cheaper to buy than rent | PropTrack

Less than a fifth of Victorian homes are more affordable to buy than rent, with the state having drastically less stock than the rest of the nation. PropTrack’s Market Insight report, released today, showed 16.6 per cent of the state’s dwellings are cheaper to buy than lease — considering current purchase and rent prices as […]
Inflation rises 4.9% for October – Housing supply conditions ease

The monthly Consumer Price Index (CPI) indicator rose 4.9% in the 12 months to October 2023, according to the latest data from the Australian Bureau of Statistics (ABS). The 4.9% increase is down from 5.6% in September and below the peak of 8.4% in December 2022. The most significant contributors to the October annual increase […]